Aromatics News as on 20-Jul-2026 / Asia and Middle Eastern Gasoline Daily Market Analysis / South Korean gasoline exports to USWC up YOY / Singapore’s net gasoline exports down 33.55% WOW / The Asian gasoline complex was rangebound to softer July 17, with North Asian cargo / showings continuing to exert downward pressure on the physical market. The FOB Singapore / 92 RON cash differential had narrowed day-over-day for the second consecutive session to / $1.27/b at the July 16 close. Meanwhile, South Korean refineries remained the largest / Asia-based source expected demand from the US to ease due to the hurricane season, where / prices could see a downward correction, though noting that there were still uncertainties / surrounding the market. On the flip side, the derivatives market saw some support on / concerns. Brokers pegged the front-month FOB Singapore 92 RON gasoline swaps crack / spread with Brent swaps in the $21.20-$21.25/b range at 0300 GMT, up from the of $20.41/b / at the July 16 Asian close. Broking sources also placed the physical FOB Singapore 92 RON / at 0300 GMT, up from the of $21.61/b at the July 16 Asian close, the data showed. The US / RBOB-Brent crack was pegged at $54.27/b at 0300 GMT July 17, mostly stable from the of / 32.46% to 532,650 mt during July 9-15, while imports declined 29.11% to 137,895 mt over / Singapore Gasoline Rationales & Exclusions / Gasoline Unl 92 FOB Spore Cargo <PGAEY00> assessment rationale: The FOB Singapore 92 / loading over Aug. 1-5 at Mean of Singapore 92 RON plus $1.68/b at $107.66/b, a bid for a / at $106.99/b. Gasoline Unl 95 FOB Spore Cargo <PGAEZ00> assessment rationale: The FOB / Singapore 95 RON gasoline assessment July 17 took into consideration a trade for a cargo / loading over Aug. 2-6 Mean of Singapore 95 RON plus $2.80/b at $111.25/b. Gasoline Unl 97 / FOB Spore Cargo <PGAMS00> assessment rationale: The FOB Singapore 97 RON gasoline / assessment July 17 took into consideration the adjusted 97/95 inter-RON spread in the / absence of bids, offers, and trades. Gasoline Unl 92 FOB Arab Gulf Cargo <AAGJA00> / assessment rationale: The FOB Arab Gulf 92 RON gasoline cargo assessment was derived as a / freight netback from the FOB Singapore 92 RON marker using the following calculation: FOB / Singapore 92 RON assessment minus the cost of transporting a 35,000- mt clean cargo from / from the Asian gasoline Market on Close assessment process July 17. No market data was / FOB Fujairah Gasoline Daily Rationale & Exclusions / Gasoline 92 RON FOB Fujairah cargo <RFJFS00> assessment rationale: The assessment of FOB / Fujairah 92 RON gasoline July 17 took into consideration the 92 RON gasoline Mean of Arab / MOPAG 92 RON gasoline swap at $97.71/b and the September MOPAG 92 RON gasoline swap / gasoline market heard in the Middle East. Gasoline 95 RON FOB Fujairah cargo <AFUJA00> / assessment rationale: The assessment of FOB Fujairah 95 RON gasoline July 17 took into / consideration the 95 RON gasoline MOPAG strip value of $100.13/b, as well as the cash / in the FOB Fujairah 95 RON gasoline MOC. The MOPAG 95 RON gasoline strip is calculated / from the August MOPAG 95 RON gasoline swap at $100.21/b and the September MOPAG 95 / FOB Fujairah 95 RON gasoline market heard in the Middle East. Exclusions: No market data